Growing awareness regarding preventive healthcare approaches is driving the revenue growth of the market.
Growing awareness regarding preventive healthcare approaches is driving the revenue growth of the market
The global creatinine measurement market size is expected to reach USD 841.01 million by 2028 at a CAGR of 8.3%, according to the latest report by Reports and Data. The market revenue growth is attributed to rising prevalence of renal disorders, especially in developing countries, and rising awareness regarding preventive healthcare approaches globally. Additionally, growing advancements in technology and rising emergence of monitoring technologies are some of the other factors expected to contribute to the revenue growth of the global creatinine measurement market during the forecast period.
Creatinine is basically a synthesized blood chemical waste product, which passes through kidneys to be filtered and gets eliminated through urine. More precisely, it is an endogenous by-product of muscle metabolism. The creatinine test is conducted to measure the glomerular filtration rate of the kidney. For measuring creatinine concentration in various biological samples, direct and automation-ready procedures are gaining popularity nowadays in the field of drug discovery and research. Therefore, the demand for measuring creatinine in order to diagnose chronic kidney diseases is increasing significantly, which is another factor supporting the revenue growth of the market.
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However, lack of predictive value obtained by creatinine measurement techniques and rising preference of medical professionals in novel renal dysfunction biomarkers are a few factors predicted to restrict the revenue growth of the market to a certain extent.
Further key findings in the report
- Jaffe’s kinetic method segment is expected to register largest revenue share in the creatinine measurement market during the forecast period, due to its ability of creatinine measurement in a wide range of clinical samples.
- The blood sample segment accounted for the highest revenue share in the creatinine measurement market in 2020 owing to enhanced accuracy and low risk of contamination.
- Hospitals segment is predicted to occupy fastest revenue CAGR in the global market going ahead. The segment’s revenue growth is attributed to rising prevalence of kidney diseases. Furthermore, rising patient’s preference toward hospitals settings for treatment and disease detection is also promoting the revenue growth of this segment.
- North American market revenue is expected to register fastest CAGR in the global market during the forecast period due to rising prevalence of kidney disorders in the region, high availability of well-developed healthcare infrastructure combined with growing healthcare expenditure.
- Leading companies operating in the market are F. Hoffmann-la Roche ltd. (Switzerland), Danaher Corporation (U.S.), Abbott Laboratories (U.S.), Thermo Fisher Scientific (U.S.), Randox Laboratories (UK), Siemens Healthineers (Germany), Pointe Scientific (U.S.), Diasys Diagnostic Systems GmbH (Germany), Diazyme Laboratories (U.S.), Sentinel Ch. Spa. (Italy), and Dialab GmbH (Vienna).
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For the purpose of this report, Reports and Data has segmented the global creatinine measurement market on the basis of product, test type, sample, end user, and region:
Test Type Outlook (Revenue, USD Million, 2018 - 2028)
- Jaffe’s kinetic method
- Enzymatic method
Sample Outlook (Revenue, USD Million, 2018 - 2028)
- Blood/serum
- Urine
Product Outlook (Revenue, USD Million, 2018 - 2028)
- Reagents
- Kits
End User Outlook (Revenue, USD Million, 2018 – 2028)
- Hospitals
- Diagnostic Laboratories
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Regional Outlook (Revenue, USD Million, 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
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